Pentixapharm plans IPO
Germany’s Pentixapharm is planning a public offering of new shares as part of its spin-off from Eckert & Ziegler (ETR: EUZ), a leading specialist in radioisotopes for medical, scientific and industrial applications.
The goal is for Pentixapharm to list on the Frankfurt Stock Exchange in the fourth quarter of this year, in an offering that will primarily target institutional investors but will also be open to retail investors.
Pentixapharm focuses on the development of radiopharmaceuticals for various therapeutic areas. For certain indications, its development candidates would be first-in-class radiopharmaceuticals.
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